TREASURER'S REPORT. 349 



IV. THE TREASURER'S REPORT 



MARINE BIOLOGICAL LABORATORY BALANCE SHEET, 



DECEMBER 31, 1918. 







Assets. 

 Cash in bank $ 7,503.52 



Petty cash at Woods Hole 200.00 $ 7,703.52 



Notes receivable 1,000.00 



Accounts receivable 10,938.88 



Inventories (not available) 



Items in suspense H-73 



Investments (Schedule I.) $ 11,768.83 



Investment cash (Schedule II.) 485.20 12,254.03 



Gansett property account $ 22,317.20 



Less mortgage 14,629.21 7.687.99 



Educational plant (Schedult III.): 



Land $95,856.14 



Buildings 169,670.49 



Equipment 75,920.25 



$341,446.88 

 Less reserve for depreciation 21,140.24 320,306.64 



$359,902. 79 



Liabilities. 

 Bills payable $ 90.58 



Notes payable $ 2,300.00 



Trust funds . 9-954-O3 12,254.03 



$ 12,344.61 

 Balancing account: 



Balance, January i $254,157.31 



Special donations 1,261.59 



Sundry adjustments 6.79 



$355,425.69 



Less: Adjustment of depreciation reserve, 1917 $ 5,209.01 



Excess of expenses for year 2,658.50 



$ 7,867.51 $347,558.18 

 $359,902.79 



MARINE BIOLOGICAL LABORATORY INCOME AND EXPENSES FOR 

 YEAR ENDED DECEMBER 31, 1918 



Expense Income Loss Gain 



Administrative expense $ 7,592.98 $ 7,592.98 



Bar Neck property expense 80.00 80.00 



